Crypto crackdown, day mania, space tourism and a big divorce Business and Economy News


There has been no shortage of headline-grabbing business and economic stories this week.

Again, the epidemic was at the top of the global news agenda with India The destructive second wave of COVID-19 infection. But there was also good news: the administration of U.S. President Joe Biden joined dozens of other countries in support of a plan to waive patent protection for the vaccine and increase the job supply around the world, especially in the least developed countries.

We’ve rounded up the numbers this week to learn about the recovery of the labor market in the United States; An emerging (literally) milestone in the private space agency SpaceX; The announcement of a high-profile divorce from two big names in human society; And lots of crypto-mania with regular crackdowns that came too late in the case of some Turks.

So pour yourself another cup of coffee before you plug in the weekend and read a scroll through these in depth.

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Incredibly the countries behind the WTO proposal to waive intellectual property protection for the COVID-19 vaccine have dropped their support.

The Beadon administration announced this week that it would also support the plan, in a move described by the World Health Organization as a “memento.”

Al Jazeera’s Virginia Petromarchi breaks down what you need to know about the fight against the COVID vaccine IP protection – and the risks involved in the global fight against the virus – Here.

389,000

In the last seven days, the number of new Kavid-19 infections in India has averaged 24.4 million every day.

Al Jazeera’s Megha Bahi writes, “The country’s healthcare system has deteriorated as a result of the sprawling numbers and millions of people have been shaken for medicines, oxygen cylinders and beds.”

Volunteers have taken steps in this vacancy, including a public network of 50 people who have divided themselves into subgroups in response to various requests to “search for locations for bed, intensive care setup and oxygen – and for the split,” often for complete strangers. Read inspirational stories of Indians moving forward on the path of help Here.

10 percent

The sinking of the Turkish lira against the dollar since the beginning of 2021 (more than ten percent, indeed) has prompted some people in Turkey to bet on red-heated cryptocurrencies like Bitcoin.

But hundreds of Turkish investors ended up losing their shirts after two cryptocurrency exchanges in the country collapsed within days of each other, prompting regulators there to increase pressure on the sector.

Al Jazeera’s Andrew Wilkes reports that the crackdown is too late for those who have lost their savings. Here.

One

Number of seats of blue source of The first commercial aircraft in the suborbital spaceWaiting for July 20th.

On Wednesday, Jeff Bezos’ space firm announced that they were ready to take paid passengers – and opened online bidding for the final seat on its inaugural flight.

No need to overdo it, Elon Musk’s SpaceX On the same day it launched its fifth test flight of the starship.

The two space-stricken billionaires couldn’t create any privacy as they’re too far from the BFF they’re even in the middle of a moon quarrel. Al Jazeera’s Amy Thompson has it The story is here.

Lots of windows in Blue Origin’s Crew Capsules are designed to treat passengers with stunning views as they spend about 10 minutes floating in zero gravity before returning to Earth. [Credit: Blue Origin]

266,000

The U.S. economy added a number of jobs in April, and A huge frustration, Given that many Wall Street analysts had expected to create about ten million jobs last month

And the restoration of a transparent labor market is not hurting everyone equally. In April, partners of women over the age of 20 in the United States who were working profitably or actively looking for a job dropped to 56.2 percent from 56.6 percent a month earlier.

Women have quit their jobs due to incurable diseases as they have been forced to shoulder the burden of caring for older children as remote schools and day care centers have closed.

This means that women, especially working mothers, may lose year-on-year progress in the workplace, which is also bad for companies and the economy because diversity and inclusion encourage the bottom line.

So will the epidemic barriers result in the workplace of mothers working people? Al Jazeera’s Lorraine-Whitney Gottbrath explores the controversy Here.

69 cents

As part of the weather rise of the Shiva Inu-themed cryptocurrency since the beginning of the year, the high-priced Dozekin hit this week.

The combination of Dettrade FOMO and high-profile screams, like Elon Musk’s choice to host Saturday Night Live this weekend, helped ignite a spectacular gathering.

But critics say the joke coin could end in tears for less intelligent investors. Oops. Al Jazeera’s Ben Piven breaks down what you need to know about Days Mania Here.

.3 43.3bn

The net assets of the Bill & Melinda Gates Foundation in 2019, make it The largest private monstrous base in the United States And one of the largest in the world.

Bill and Melinda Gates that news Divorce after 27 years of marriage The philanthropist sent shockwaves around the world this week. Gates is one of the richest people in the world and his divorce could result in a significant division of his wealth.

The process seems to have already begun: Bill Gates’ agency after this announcement 8 transferred 1.8bn into equity In Melinda.





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